37 Highway 34 Rd NRaleighIL62977
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Raleigh at 37 Highway 34 Rd N, Raleigh, IL, 62977 listed at $287,700 pairs $2,658/mo rent with a $1,408/mo payment to leave $663/mo cash flow. Total monthly income runs $2,658/mo, and annual cash flow reaches $7,951/yr on $95,373 cash to close. Return on cash invested measures 28.25% in year one, and rental yield registers 11.09% at a $287,700 basis. Equity gained on principal adds $1,856/yr, and annual property appreciation at 5% supports $79,486 by year five. Five-year ROI tracks 148.54% and total cumulative return in cash totals $141,662. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,658/mo property income relative to a $1,408/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62977, Raleigh, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 325 (100%) |
| Owner Occupied HU | 254 (78.2%) |
| Renter Occupied HU | 36 (11.1%) |
| Vacant Housing Units | 35 (10.8%) |
| Median Home Value | $162,143 |
| Average Home Value | $169,722 |
Housing Distribution
Address Breakdown
Residential
259
Single Family
259
Multi-Family
0
Businesses
18
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